Having the right plant and equipment is vital to the success of your business. A plant and equipment loan will allow you to preserve your cash flow and lines of credit, whilst financing your equipment at a fixed rate of interest and delivering a tax-effective way of financing plant and equipment.

Examples of plant and equipment loans include –

Office furniture

Computers, desktops, laptops and servers

Printers and photocopiers

Trucks and earth moving equipment

Industrial plant equipment and machinery

Agriculture and farm equipment

Scientific and medical equipment

Alternatively, an asset lease can be organised where the financier purchases the equipment on behalf of the client who pays the financier a fixed monthly lease rental for the term of the lease. At the end of the lease the client can either pay a residual on the lease and take ownership of the equipment, sell the equipment or re-finance the residual and continue the lease. GST is charged on the monthly lease rental and on the residual value at the end of the lease.